Analyzing WSB Sentiment
WSB sentiment hit an all-time high before plummeting to its lowest point in almost a year within the span of two weeks.
Sentiment here is defined as P/(P+S)
where P
is the number of comments indicating bullish behavior and S
is the number of comments indicating bearish behavior.
Below is a graph showing how that metric has changed over time, alongside $SPY:
On January 15th, that sentiment metric hit an all-time high of .817. This Tuesday, the metric plummeted to .43, its lowest point in almost a year.